Spraying Systems Co.

Wheaton, IL ManufacturingNAICS 332900

Self-funded health planPlan year 2025Renews January
952Participants+0% vs. prior year
$2.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#91 of 122Manufacturing in ILBy participants

Overview

Spraying Systems Co. sponsors a self-funded health plan that covered 952 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, long-term disability, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
952 · prior year 950
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Spraying Systems Co. Group Medical Plan, plan 503 (952 participants)
Broker compensation
$68K across insured contracts
MedicalLife insuranceDentalLong-term disabilityDeath benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Long-term disability1,092$467K$65K
Vision Service Plan—369$86K$2K
Hartford Fire InsuranceAccidental Death and Dismemberment1,092——

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$2.3M/ year

Estimated prescription spend: 952 participants × $2,371 national average per member. Usually higher once dependents are counted.

$59K–$145K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$17K–$43K
Lower-cost therapeutic alternatives$25K–$52K
Generic pricing vs. actual cost$11K–$33K
PBM contract terms$6K–$17K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Spraying Systems Co.
Sponsor EIN
36-1922920
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-1922920 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Spraying Systems Co. Employees' Profit Sharing and 401(k) Plan
Type
401(k) plan
Participants
1,378

About this data

Source: Spraying Systems Co.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Spraying Systems Co..

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